1. Each restricted stock unit represents a contingent right to receive cash in an amount equivalent to the value of one share of Quanex common stock.

2. The restricted stock unit vested immediately. The restricted stock unit will become payable upon the grantee's death, disability, cessation of service as a director, or change in control of the Company.

/s/ Paul B. Cornett, Power of Attorney

10/02/2019

** Signature of Reporting Person

Date

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person,
see
Instruction
4
(b)(v).